OLP Agreement definition

OLP Agreement has the meaning assigned to such term in the Recitals to this Agreement.
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OLP Agreement means the Third Amended and Restated Agreement of Limited Partnership of Western Midstream Operating, LP, as heretofore amended and as it may be amended, supplemented or restated from time to time.
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OLP Agreement has the meaning specified in Section 3.01(e).
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Examples of OLP Agreement in a sentence

  • The OLP GP is the sole general partner of the Operating LP and owns a 0.001% general partner interest in the Operating LP; such general partner interest has been duly authorized and validly issued in accordance with the partnership agreement of the Operating LP (the “OLP Agreement”); and the OLP GP owns such general partner interest free and clear of all Liens, other than those created by or arising under the Delaware LP Act, the OLP Agreement or the Credit Facility.

  • In addition, upon dissolution of the Partnership pursuant to Section 13.1(f), if Operating OLP is reconstituted pursuant to Section 13.2 of the Operating OLP Agreement, the reconstituted Operating OLP may, within 180 days after such event of dissolution, as the Limited Partner, elect to reconstitute the Partnership in accordance with the immediately preceding sentence.

  • The Partnership owns a 99.999% limited partner interest in the Operating LP; such interest has been duly authorized and validly issued in accordance with the OLP Agreement, and are fully paid (to the extent required under the OLP Agreement) and nonassessable (except as such nonassessability may be affected by matters described in Section 17-607 of the Delaware LP Act).

  • The MLP shall pay all expenses arising out of the contributions, assignments and deliveries to be made hereunder, including the expenses of amending and restating the Third Amended MLP Agreement and the Third Amended OLP Agreement as contemplated by Article III hereof.

  • The General Partner shall manage the business and affairs of the Partnership on behalf of the Partnership in accordance and subject to the provisions of Article VII of each of the OLP Agreement and the MLP Agreement.

  • These values make this pile surface the smoothest of all seven surfaces tested.

  • Except pursuant ------------------------------------------- to the terms of the Pledge Agreement, the Subordinated LP Units received by Xxxxxx Crude pursuant to Section 2 of this Agreement shall not be transferred --------- to any Person nor shall any Subordinated LP Units be transferred to Xxxxxx Crude until the special distribution pursuant to Section 6.9 of the OLP Agreement has been made.

  • Except pursuant to the terms of the Pledge Agreement, the Subordinated LP Units received by Howell Crude pursuant to Section 2 xx xxis Agreement shall not be transferred to any Person nor shall any Subordinated LP Units be transferred to Howell Crude until the special disxxxxxxion pursuant to Section 6.9 of the OLP Agreement has been made.

  • Cutting the gordian knot-development and biological relevance of hepatitis C virus cell culture systems.

  • Governing Documents” will be defined to mean the certificates of limited partnership of the Operating Partnership, the Partnership and the General Partner, the OLP Agreement, the Partnership Agreement, the partnership agreement of the General Partner, the certificates of formation of ETP LLC and OLP GP and the LLC Agreements of ETP LLC and OLP GP.


More Definitions of OLP Agreement

OLP Agreement means the Second Amended and Restated Agreement of Limited Partnership of Shamrock Logistics Operations, L.P., as it may be amended, supplemented or restated from time to time.
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Related to OLP Agreement

  • MLP Agreement means the First Amended and Restated Agreement of Limited Partnership of the MLP, as it may be amended, restated, supplemented or otherwise modified from time to time.

  • LP Agreement has the meaning set forth in the Recitals.

  • Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Partnership, dated as of May 28, 2014, as amended, restated and supplemented from time to time hereafter.

  • Partnership Agreements means the partnership agreements together with all agreements, certificates and other documents provided to and approved by Lender and which govern the existence, operation and ownership of the Partnerships.

  • OP Agreement means the agreement of limited partnership of ATA Holdings, as amended and in effect from time to time.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Limited Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 1, 2017, as amended, supplemented or restated from time to time.

  • LLC Agreement has the meaning set forth in the recitals.

  • Operating Partnership Agreement means the Limited Partnership Agreement of the Operating Partnership, as amended from time to time.

  • Existing LLC Agreement is defined in the recitals to this Agreement.

  • Sponsorship Agreement means a document that estab- lishes an advanced licensee as a sponsor for a basic licensee.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • Membership Agreement means the agreement between the Foundation and each Member regarding each such Member’s rights and obligations as a Member.

  • Original LLC Agreement has the meaning set forth in the Recitals.

  • Original Partnership Agreement has the meaning set forth in the recitals to this Agreement.

  • Initial LLC Agreement has the meaning set forth in the recitals to this Agreement.

  • Operating Agreement means this Operating Agreement as originally executed and as amended from time to time.

  • JV Agreement each partnership or limited liability company agreement (or similar agreement) between a North American Group Member or one of its Subsidiaries and the relevant JV Partner as the same may be amended, restated, supplemented or otherwise modified from time to time, in accordance with the terms hereof.

  • Company LLC Agreement means the Second Amended and Restated Limited Liability Company Agreement of the Company, dated as of May 25, 2011, as amended from time to time.

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Public-private partnership agreement means an agreement

  • Dealership Agreement means an oral or written agreement, either express or implied, between a supplier and a dealer which provides that the dealer is granted the right to sell, distribute, or service the supplier’s equipment, regardless of whether the equipment carries a trade name, trademark, service mark, logotype, advertisement, or other commercial symbol, and which provides evidence of a continuing commercial relationship between the supplier and the dealer.

  • Pledged Partnership Agreements means all of each Grantor’s rights, powers, and remedies under the partnership agreements of each of the Pledged Companies that are partnerships.

  • Borrower LLC Agreement means the amended and restated limited liability company agreement of the Borrower, dated August 4, 2020, as amended, modified, supplemented, restated or replaced from time to time in accordance with the terms thereof.

  • Relationship Agreement means the relationship agreement between certain members of the Brookfield Group, the Partnership, BRELP, the Holding Entities and others;